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View Full Version : Won Falls as Europe Concern Offsets China Yuan Band Widening - Bloomberg



NewsWhore
04-15-2012, 09:20 PM
Won Falls as Europe Concern Offsets China Yuan Band Widening (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEtJ3W9Lvjtp3abXczsAPl-SKOmBA&url=http://www.bloomberg.com/news/2012-04-16/won-falls-as-europe-concern-offsets-china-yuan-band-widening.html)
Bloomberg
China will allow its currency to move 1 percent either side of a daily fixing rate, compared with 0.5 percent previously. The cost of insuring against a Spanish default rose to a record. “US stocks falling on Europe's debt concerns will put downward ...

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